Warren Buffett can make investing sound easy: Buy stocks when they’re cheap and pretty much hold them forever. And Buffett constantly reminds us of this simple wisdom. Of course there’s a bit more to it than that. Still investors seem to make the same mistakes over and over.CORRECTLOH...EVERGREEN HAS GREAT MARGIN OF SAFETY MAH....!! SO ACCUMULATE LOH....!!
Why is that? I decided to put that question to Buffett himself during a recent interview at his headquarters building in Omaha, Nebraska.
But first I asked him if he thought people really learned from what he says and actually go out and successfully invest themselves.
“Well, I think some are helped,” Buffett says. “The main thing we wanna give them — Charlie and I feel this way — is the right attitude toward investing. You’ve got a big tailwind if you’ve invested in America over time. A huge tailwind.” U BUY WHEN UNDERVALUE WITH BIG MARGIN OF SAFETY..EXAMPLE EVERGREEN GOT GREAT MARGIN OF SAFETY LOH...!!
Unfortunately, most investors struggle to stay focused on the long-term and react to the short-term, unwittingly making money-losing decisions.YES WE ALREADY KNOW EVERGREEN GOING TO MAKE GOOD PROFIT 30-6-2017 ONWARDS SO MUST START BUYING NOW LOH...!!
“People have certain habits, some proclivities that are self-destructive in investing,” he continues. “So I would say that I hope our main message is to stay away from trying to trade stocks or do things that are kind of self-destructive, and just let America do the work for ’em.” YES DON EVER SELL EVERGREEN JUST HOLD UNTIL SAY 31-8-2017 THAT MEANS RM 1.20 IS IN UR BAG...IT IS THAT SIMPLE LOH..!
And this lead to the question I mentioned initially, which is: What are the big mistakes people make? Why do people get it wrong?
“Well, the big mistake is thinking they know when to buy and sell stocks,” Buffett says with a chuckle. “That there are times to buy ’em and times to sell ’em. There’s times to buy ’em. And eventually maybe, when you decide to start dis-saving when you’re 70 or 80 years of age or something of the sort, at that time you may sell ’em. MISTAKE IS THAT U TRADE THE SHORT TERM LOH...!! “But basically any attempts to pick the times to buy or sell, I think, are a mistake for 99% of the population. And I think that even attempts to pick individual securities is a mistake for people.” The attempt to beat the market by tilting asset class weighting and trading in and out of stocks is known as active investing. Buffett recommends passive investing through a “very, very low cost S&P 500 index fund.” IF U R PANLAI....BUT U LOSE MONIES IN STOCK...IT IS BCOS U R NOT TUNE....U HAVE NO APTITUDE IN SHORT TERM INVESTMENT....GO FOR LONGER TERM...LESS ACTIVE...CHOSE STOCK WITH MARGIN OF SAFETY LIKE EVERGREEN AND HOLD LOH...!!
“They don’t need to do anything but that,” he says. “Then they’ll get a decent result over time. To some extent, the smarter you try to be, the worse you do in investments. Now, there’s a few professional investors that will do better than the S&P over time. But the average individual isn’t going to be able to find them. And they don’t need them. That’s the beauty of it.” BESIDE SMARTS...U MUST BE WIRED RIGHT IN ORDER TO BE SUCCESSFUL...UR INVESTMENT ATTITUDE VERY IMPORTANT LOH...!!
Evergreen Fibreboard Bhd (May 3, 89 sen) Maintain buy with an unchanged target price (TP) of RM1.20: We reiterate our positive view on Evergreen Fibreboard Bhd following our recent meeting with its management.
Taking cues from the adverse weather condition (which has resulted in a log supply shortage, hence higher log cost) and glue cost (arising from higher crude oil prices), we opine that its first-quarter of 2017 (1QFY17) earnings performance (due out in end-May) will come in weaker (both year-on-year and quarter-on-quarter).
But we see a better second half of 2017 (2H17). Despite having anticipated a weak set of 1QFY17 results, we remain positive on Evergreen’s earnings fundamentals, underpinned by: i) Evergreen’s move to diversify into tropical wood-based products; and ii) commencement of operations of the new particle board line and an additional ready-to-assemble furniture line. Besides, we opine that higher overall production capacity (from 2H17) will result in higher glue usage, hence resulting in improved economies of scale at its glue plant.
hi WiseInvest0r.. and also purposely leave out the MASSIVE cash on hand.. why? because he is tweaking fact for personal agenda: 1) either to lift HEVEA by sabotaging Evergreen 2) or try to push down Evergreen price so that he can collect cheaper
it is very obvious, if not, then why is this loser wasting so much time here? nothing better to do if he does not have own motive?
if this CKCS stupid comment makes any sense, his HEVEA is also "TRENDING DOWN" since the start of last year.. why didn't he mention this?
It is very obvious.. he is double standard and has own motive/personal agenda to sabotage Evergreen..
but the main issue is not about the share price whether it is lower or higher than what it was last year... only short-termed and short-sighted speculator will look at that...
what we look at is the intrinsic value of a share and see what it should be worth of... we look at the future when it realizes its value and buy when it is trading at discounted price...
Sadistic idiot just like this Dolly will never admit the obvious facts presented in front of the eyes! Poor thing this stubborn idiot doesn't know how to differentiate a CORRECTION and DOWNTREND. Don't preach the wrong ideas and illustration to the masses.
Surely it is a fact Hevea....did badly this year loh....!! It is just the industry of Hevea and Evergreen not so good, but some of sign of improvement coming loh....!!
Why ?? Raider evergreen investment already making monies from loss loh....!!
If someone makes lots of money in first place and right now makes even more, can u declare that person a genius biggest winner of all? But one thing I know for sure is u are not that person because u just said u making loss in first place. lmao
PE 10.8 is cheap for a company that suffers declining profits for multiple quarters in a row? If this coming quarter profit drops further, the PE should be higher meaning share price more expensive. Isn't some IB even mentioned the coming result is expected to be weaker and lower on q-o-q and y-o-y basis? lol
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SusuKacang
57 posts
Posted by SusuKacang > 2017-05-04 09:49 | Report Abuse
Great! Itz up. Hope it can sustain and not gets sell down again